real estate de-valorization and conflict

In the last thirty years numerous real estate renovation projects have taken place in metropolitan Rome, but serious disputes and divergences have arisen regarding their envisaged reiteration. The economic and financial crisis that began in 2008 was primarily caused by the collapse of a system based on the securitisation of subprime credits and the default of forms of financialisation of the real estate market; the ensuing increase in contrastive actions helped to partially reprogram the interventions. With the introduction of traditional renovation processes financialisation effectively lost the opaque nature that had made it so strong and had enlarged its field of action. On the contrary, bottom-up forms of mobilisation seemed to be more informed than in the past. Forms of sociality characterised by greater ability to act strategically and tactically were experimented in occupied spaces. Savings, social cooperation networks and small centralities were created as well as a compact movement capable of criticising the transformation of other parts of the city. This article reflects on the potential of these spaces. It will focus on two case studies in Rome where real estate devalorization processes expose the unexpected elements that led to the crisis.